Juris Corp

Pratish Kumar arrived from J Sagar to bolster the finance practice during the research period while Veena Sivaramakrishnan left the firm. 

Banking and finance  

Work highlights 

Worked with Reliance Securities to establish its market-linked debentures (MLDs) structured products programme. MLDs are linked to either equity or debt securities, indices, or another reference asset. Reliance is an early adopter among India’s stockbrokers to raise money from MLD issues. 

Key clients 

Axis Bank, Barclays, Clix Finance, Credit Suisse, DBS Bank, Indian Oil, Reliance Securities, United Spirits 

Capital markets 

Work highlights 

During the past 12 months, the team has worked with lenders in seven transactions involving State Bank of India’s offshore branches. The bank raised a total of $2 billion in term loans, with one of the largest being $750 million. 

Corporate and M&A 

Work highlights 

Instructed by Manpower’s Experis IT, the firm advised on its acquisition of Rotostat Service by structuring the 100% buy-out, drafting and negotiating the deal agreements and assisting on relevant foreign investment and employment laws and regulations. 

Key clients 

Manpower  

Dispute resolution  

Work highlights 

Advising the Competition Commission of India (CCI), the practice has been involved in a Supreme Court case expected to impact the power dynamics between sectoral regulators and CCI. The Telecom Regulatory Authority of India insists it has exclusive jurisdiction over the sector, while the CCI contends it oversees anti-competitive matters across sectors. 

Key clients 

Competition Commission of India, Essel, Standard Chartered Bank 

Private equity 

Work highlights 

Worked with Pravega Ventures, a very early round investor, on its pre-series A investment in Fyle Technologies, an expense management platform. Negotiating the share conversion mechanism for the seed and pre-series A investors, including Beenext, was challenging. 

Key clients 

Pravega Ventures 

Restructuring and insolvency 

Work highlights 

Representing an asset reconstruction firm before the National Company Law Tribunal, the practice is assisting on a domestic infrastructure company’s corporate insolvency resolution process (CIRP). The client is a financial creditor because a bank assigned a relevant loan to it. The matter is noteworthy because it is an early example of a respondent challenging the loan assignment under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act. 

Key clients 

Standard Chartered Bank  

Client feedback 

“Excellent understanding of the technicalities of the real estate sector. They have advised us on title search and transaction documentation. The team meticulously identified the survey numbers, which were already charged and created a databank. Had this not been identified, it would have rendered the security to be weak in our transaction.” – Banking and finance, Real estate 

“Overall it was a fine experience.” – Corporate and M&A 

“Juris Corp provides impeccable services and is one of the leading law firms in banking and finance. The turnaround time is extremely quick while maintaining the quality.” – Banking and finance, Real estate, Regulatory